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Edward owns a clothing boutique, and he is in the process of creating a purchases budget for August, which is next month. Edward has gathered

image text in transcribed Edward owns a clothing boutique, and he is in the process of creating a purchases budget for August, which is next month. Edward has gathered the following budgetary data: Budgeted Sales Volume, 1150 units; Target Ending Merchandise Inventory, 250 units; and Beginning Units in Merchandise Inventory, 75 units. The purchase price per unit is $16, and Edward takes advantage of a $70 purchase discount for the order. What are Edward's Budgeted Net Purchases for August? $22260$22330$21200$21130

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